Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
Many threats to your retirement will arise from your personal and family life. On our most recent radio show, a listener called in to discuss one of the most difficult: the passing of a spouse.
When pre-retirees were asked about the age they think they will retire, the average response was age 66. The only problem is, when the retired people in the survey were asked when they actually retired, the average response was age 61.
Today I want to talk about one of the most important questions: how much will I need to spend during retirement?
Most retirees have heard about the monetary benefits of delaying Social Security. But that didn’t stop roughly a quarter of men and women from signing up for Social Security at the earliest possible age (62) in 2024 per Social Security Administration data.
As I was celebrating Independence Day this year, I couldn’t help but think of one of the pieces of financial jargon you may hear in the retirement and financial planning industry: financial independence.
There is no amount of money that can guarantee a person will remain wealthy.